Scott Price
Lender taking annual personal credit reports on commercial loan!
Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
Jon Holdman
water bills paid by tenants
In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...
Ryan Murdock
1850's 4-unit BRRRR - Who says you can't find deals on MLS??
This 1850's era 4-unit popped up on MLS one morning last winter for $80k. It wasn't a foreclosure but could have passed for one - vacant for years, no heating system, everything banged up.Within 2 hours of it being li...
Mindy Jensen
Ep. 287 Putting Together Real Estate Deals w Creativity, Not Cash
How much money does it take to invest in real estate? Is there really such a thing as “no- or low-money down?” After you hear today’s interview, you’ll know the truth! Today we sit down with Shiloh Lundahl, a real est...
Becky Fromm
Acquiring Equity Loan from Property Value without Income?
Hello! I own a beautiful piece of land in Carson, WA with much potential for short term rentals. The land consists of 9 acres, 1100 feet of creek and two waterfalls, many great trails and even a pedestrian bridge we...
Sherrill Skanes
Getting creative in SoCal!
Hello....I'm another noobie. Trying to figure out if my goals and ideas will fit in here. Everything in my life has changed over the last five years due to the diagnosis and treatment of a chronic illness. I have w...
Shar Day
6th day and Tenant hasn't paid yet !?!
Today is the 6th day of the month, and I have a renter that haven't paid yet. New tenant (Jan 2015). For the last few months the rent has been deposited into a bank account.I texted and emailed a notice last night, in...
Christopher Mooney
HELOC - Most Important Things To Consider?
Hi all,I'm just starting to research getting a HELOC on my primary residence to use for capital for BRRRR projects. What are some things you wish you knew before using a HELOC for BRRRR? What are the most important th...
Yuliany W.
LLC Classification: Partnership, Corporation, or S Corporation?
Hi,
I would like to get your thoughts on this. I recently created an LLC to own my future real estate properties and I also just applied for an EIN. What is the best classification for an LLC which purpose is to own ...
Louise Whidby
Equity definition in RE
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...